LHousing & ShelterEIN: 202685023· Ruling Year: 2006

Monterey County Housing Authority Development Corporation

Salinas, California

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$4.0M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$39.9M
Net Assets
📋
$26.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+60.0%
Year-over-year change (2022 → 2023)
Net Margin
+13.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.37
Net assets divided by total expenses
Liabilities-to-Assets
39.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,027,33260%$3,504,7983%$66,117,55820%
2022$2,516,93182%$3,604,411136%$82,646,56110%
2021$14,098,847252%$1,525,02016%$74,874,74298%
2020$4,008,63442%$1,822,6293%$37,878,4986%
2019$2,827,08672%$1,767,51534%$35,813,0242%
2018$10,199,759221%$2,666,86842%$34,989,89327%
2017$3,181,49041%$1,883,1626%$27,585,6274%
2016$5,431,32537%$1,771,121$26,398,73014%
2015$3,963,449142%$1,776,67114%$23,164,73210%
2014$1,635,25970%$1,561,70128%$21,100,2853%
2013$5,364,69827%$2,161,08730%$20,422,54218%
2012$7,342,6393595%$1,661,09471%$17,260,92348%
2011$198,715$971,616$11,639,263

Frequently Asked Questions

What does Monterey County Housing Authority Development Corporation do?

Monterey County Housing Authority Development Corporation is a housing & shelter nonprofit organization based in California. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Monterey County Housing Authority Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Monterey County Housing Authority Development Corporation has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Monterey County Housing Authority Development Corporation generate?

Monterey County Housing Authority Development Corporation reports $3.7M in annual revenue and holds $69.2M in total assets, based on IRS filings.

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